IFFOInternational Fishmeal and Fish Oil Organisation
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Today's announcement brings the total number of IFFO partners to 87, and will help to grow IFFO further as an effective platform for experience sharing and networking among key stakeholders in infrastructure investment and financing.
By establishing IFFO, the HKMA can play a valuable role as a catalyst in the facilitation of infrastructure investments and their financings with its mandate to promote Hong Kong as an international financial centre.
IFFO is a platform established by the Hong Kong Monetary Authority (HKMA) to facilitate infrastructure investments and their financing.
Francois Martin, Senior Country Officer for Hong Kong, said, 'It is a great honour to be invited by HKMA to join IFFO as a partner.
Headquartered in St Albans, in the UK, and with offices in Peru and China, IFFO has members in more than 50 countries accounting for two-thirds of world production and 80% of fishmeal and fish oil traded worldwide.
Established by the HKMA in July 2016, IFFO is committed to facilitating infrastructure investments and their financing by working with a cluster of key regional and international stakeholders.
This marks our second collaboration with IFC and continuous commitment in building capacity and knowledge of IFFO partners and other stakeholders.
IFFO is also pleased to announce that 13 more organisations have joined IFFO as partners.
At its launch in July this year, the IFFO platform brought together 41 partners with the shared mission of facilitating infrastructure investments and financing.
The Director of IFFO and Deputy Chief Executive of the HKMA, Mr Eddie Yue, said, "The IFFO platform has grown by bringing in partners from the insurance, banking and legal sectors, as well as international business council and corporation.
Under the MoU, IFC and the HKMA will cooperate in using the IFFO platform to promote a more efficient and conducive market environment for infrastructure investment and financing in the region.
The seminar forms part of IFFOs continued commitment and efforts to promote information exchange and capacity building among the relevant key stakeholders in infrastructure investments and financing in the region.